EU: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in the EU

The EU metal sawing machine market dropped rapidly to $X in 2021, reducing by -15.7% against the previous year. The total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +68.5% against 2014 indices. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Metal Sawing Machine Production in the EU

In value terms, metal sawing machine production dropped to $X in 2021 estimated in export price. Over the period under review, production recorded a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of 21%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Metal Sawing Machine Exports

Exports in the EU

In 2021, exports of sawing or cutting-off machines for working metal in the European Union skyrocketed to X units, jumping by 30% on 2020 figures. Overall, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 153% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, metal sawing machine exports surged to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X units) and Germany (X units) represented the major exporters of sawing or cutting-off machines for working metal in 2021, reaching approx. 33% and 26% of total exports, respectively. Italy (X units) held the next position in the ranking, followed by Austria (X units), Belgium (X units) and the Czech Republic (X units). All these countries together took near 32% share of total exports. Poland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +39.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest metal sawing machine supplying countries in the European Union were Germany ($X), Italy ($X) and Austria ($X), with a combined 74% share of total exports. These countries were followed by the Czech Republic, the Netherlands, Belgium and Poland, which together accounted for a further 16%.

In terms of the main exporting countries, Poland, with a CAGR of +17.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, declining by -4.3% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the export price increased by 44%. Over the period under review, the export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-1.3%), while the other leaders experienced a decline in the export price figures.

Metal Sawing Machine Imports

Imports in the EU

In 2021, overseas purchases of sawing or cutting-off machines for working metal increased by 37% to X units, rising for the fifth consecutive year after two years of decline. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 43%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, metal sawing machine imports soared to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands represented the largest importer of sawing or cutting-off machines for working metal in the European Union, with the volume of imports accounting for X units, which was near 29% of total imports in 2021. It was distantly followed by Germany (X units), Italy (X units), Poland (X units), France (X units) and Austria (X units), together comprising a 45% share of total imports. Belgium (X units), Spain (X units), the Czech Republic (X units) and Portugal (X units) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the sawing or cutting-off machines for working metal imports, with a CAGR of +34.9% from 2012 to 2021. At the same time, Spain (+25.9%), Poland (+16.0%), Belgium (+15.7%), Portugal (+12.9%), Italy (+12.4%), France (+8.0%), the Czech Republic (+6.8%), Austria (+6.6%) and Germany (+2.6%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands, Spain and Poland increased by +23, +2.5 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), France ($X) and Poland ($X) were the countries with the highest levels of imports in 2021, with a combined 37% share of total imports. These countries were followed by Austria, Italy, Belgium, the Netherlands, the Czech Republic, Spain and Portugal, which together accounted for a further 39%.

Among the main importing countries, Spain, with a CAGR of +12.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, declining by -4.6% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 8.5%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Czech Republic ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :